Egypt seeks $1bln loan from China
Egypt’s central bank is expected to borrow one billion dollars in a concessional loan from China to help shore up its foreign reserves. The loan […]
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Zambia almost ready to host AfDB’s annual meeting
Zambia is expected to host the African Development Bank (AfDB) annual meeting with the development expected to create an opportunity for the country to showcase […]
Burundians to enjoy ultrafast broadband Internet
Burundian Telecommunications Minister, Nestor Bankumukunzi has officially launched the land lines called ADSL 2+ to widen access to broadband Internet and cut costs in the […]
Zimbabwe: Mining companies put new projects on hold
Zimbabwe’s mining industry will shrink for the first time in five years because of falling metal prices, high costs and a lack of capital, the […]
Ghana: Inflation continues to rise
Ghana’s inflation for the month of December 2015 increased to 17.7% compared with the 17.6% recorded in December 2015, the statistical body told reporters in […]
Burundi: ethnic dimension of crisis expanding
The office of U.N. rights chief Zeid Raad al-Hussein’s sounded the alarm Friday that the ethnic dimension of the crisis in Burundi was increasing. “All […]
Egypt-Ethiopia: Dam redesign request turned down
Egypt’s request to increase the water outlets of the Grand Ethiopian Renaissance Dam (GERD) from two to four has been rejected by Addis Ababa. During […]
Orange to acquire Airtel’s two subsidiaries in West-Africa
French telecoms giant Orange on Wednesday said it has signed an agreement with Bharti Airtel of India to acquire the latter’s operations in Burkina Faso […]
Nigeria calls OPEC Nations for emergency meeting in March
The 13 members of the Organization of Petroleum Exporting Countries “may hold an emergency meeting in the first quarter if prices remain at current levels,” […]
Côte d’Ivoire: Ouattara changes keys positions in new cabinet
Ivorian President Alassane Ouattara appointed a new cabinet on Tuesday following the resignation of Prime Minister Daniel Kablan Duncan and his government last week. Ouattara, […]